VISTAAR FINANCE
NBFCs on a hiring spree, look to acquire talent at CXO level
Senior-level talent from multinationals, ecommerce and other financial services companies have been gravitating to the NBFC space amid a to...
Lending to SMEs: How startups are grappling with the issue of combining tech and non-tech strategies
Lending to SMEs is inherently tough on multiple counts. Most SMEs operate in the informal economy and sourcing data on them is tough and of...
Aye Finance wants to mop up $25-40 million in next round
SME lending firm signs non-disclosure pacts with PE funds based out of US, Europe and India
Lenders to gauge borrowers intent to pay, not just ability to pay loans
This issue gains significance after billionaire Vijay Mallya, defaulted on Rs 7000 crore loan taken by his company Kingfisher Airlines and ...
WestBridge raises $575million to hit $2 billion, fastest among peers
Top-tier investment fund WestBridge Capital has raised another $575 million, or Rs 3,735 crore, to back Indian companies.
Vistaar Finance raises Rs 250 crore from existing investors
The company will use the funds raised to increase its portfolio to Rs 2,500 cr in the next 3 years from a current loan outstanding of Rs 60...
Lending to SMEs proving to be attractive entrepreneurial opportunity for startups
Startups such as Vistaar Finance, Capital Float, Kinara Capital and IFMR Capital are making themselves useful, using innovative models.
WestBridge Capital Partners bets Rs 98 crore on Aptus Value Housing Finance
The Chennai-based startup had earlier raised capital over multiple rounds from Granite Hill Capital Partners and India Financial Inclusion ...
Small business lender Kinara Capital raises funding from Michael & Susan Dell Foundation
Kinara Capital was set up by former Accenture executive Hardika Shah in 2011. The firm provides collateral free loans in the range of Rs 50...
Vistaar Finance raises Rs 160 crore from PEs led by WestBridge
"We have closed a Rs 160-crore series C investment led by WestBridge Crossover Fund, marking its foray into this segment," a company statem...
Risk capital firms now backing small business lenders in hope to recreate success
Finance companies that provide loans to small businesses are grabbing the attention of risk capital investors.
IntelleGrow Finance in talks with global investors to raise an additional Rs 150- Rs 200 crore
Venture debt lender IntelleGrow Finance is in talks with a number of global investors to raise a fresh round of funding.
WestBridge Capital to buy stake in NBFC Vistaar Finance for Rs 100 crore
The final holdings of the funds post the fresh investment could not be determined. Investment bank EY was the financial advisor to the deal.
Leapfrog invests $29 million in IFMR Capital Finance
US-based Leapfrog Investment has bought a minority stake in financial services provider IFMR Capital Finance for $29 million (Rs 174 crore).
- Utkarsh Micro Finance raises Rs 20 crore from existing backers
Varanasi-based non-banking finance company will use the proceeds of the latest round of financiang to build up its presence in UP, Bihar.
- NBFCs to get about Rs 3k cr from Sidbi
A number of non-banking finance companies are poised to be the biggest beneficiaries of increased refinancing by the Small Industries Devel...
- Micro-finance investors now eye NBFCs
Global development finance institutions are exploring opportunities in the NBFC space – a sector promising financial inclusion for India’s ...
Startups flourish with technology services for micro finance firms
A new wave of start-up companies is building technology enabled services aimed at bridging the communication gap between borrowers and lend...
- Vistaar Financial Services raises Rs 40 crore in Series B round
Vistaar Financial Services has raised Rs 40 crore in a Series B round of financing from new investors, Lok Capital and Omidyar Network.
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